Binance’s initial investigation suggests that the security incident may be related to a DevOps engineer’s laptop, which allowed an attacker to access a service container and make unauthorized withdrawal transactions. We have found no evidence of any private wallet key leaks. We will share a detailed technical analysis once the investigation is complete and the facts have been fully verified.
The total estimated impact is around $6.3 billion. We have worked with blockchain partners to freeze the affected assets, and approximately $3 billion has been frozen on the blockchain so far.
Binance will cover all losses using SAFU funds and company funds. User funds are safe. We will publish an updated Proof of Reserves once remediation is complete.
As an immediate precaution, Binance has:
Temporarily suspended deposits and withdrawals while security checks are completed;
Revoked authorization for the affected address;
Engaged law enforcement and blockchain intelligence partners to trace and recover the funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with law enforcement to confirm the identities of these criminals and bring them to justice.
For updates, please refer only to Binance’s official channels. If you have any other questions, please feel free to contact Binance Customer Support.
We are working around the clock to resolve this issue. Binance will cover all losses.
As a precaution, all deposits and withdrawals have been temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working 24/7 and will share a full post-mortem report once the investigation is complete. Please trust only Binance’s official channels for updates.
This is an industry-wide effort, and we are grateful to partners across the ecosystem who acted quickly to help freeze the affected assets.
We will continue to share verified updates through Binance’s official channels. User funds are safe.
🏷️Binance rates are affected by the hack. They’re volatile 💱
• Represents 3% of its $166B in assets. • CZ came out and said the funds are not at risk. • $BTC is down 3% • $BNB is down 7%
The Binance hacker still has:
18,270 BTC 405,801 ETH 684,584,000 TRX 970,522 SOL 29,934 WBETH (ETH)
The good news is that these funds can't be converted to USDT or USDC because they would be automatically frozen.
🚨 ATTENTION: THE BINANCE HACKER IS STILL LIQUIDATING ALTCOINS.
The attacker is selling millions of dollars' worth of $PEPE, $UNI, $LINK, and other tokens directly on-chain, converting them into $ETH.
👀 BUT TAKE A LOOK AT WHAT THEY STILL HAVE:
🔴 $ENA: $39.51 MILLION 🔴 $PEPE : $34.41 MILLION 🔴 $LINK: $28.07 MILLION 🔴 $AAVE: $15.90 MILLION 🔴 $UNI: $12.62 MILLION 🔴 $ARB : $11.54 MILLION 🔴 $ONDO: $8.52 MILLION 🔴 $WLD: $6.73 MILLION 🔴 $FUN: $6.29 MILLION 🔴 $ZAMA: $6.02 MILLION 🔴 $ZRO: $5.69 MILLION 🔴 $RSR : $5.02 MILLION
⚠️ MORE THAN $180 MILLION IN ALTCOINS STILL IN THEIR HANDS.
If they continue selling these positions, it could create strong downward pressure on the affected tokens.
👀 KEEP AN EYE ON ON-CHAIN MOVEMENTS. THIS COULD STILL MAKE A LOT OF HEADLINES.
• Represents 3% of its $166B in assets. • CZ came out and said the funds are not at risk. • $BTC is down 3% • $BNB is down 7%
The Binance hacker still has:
18,270 BTC 405,801 ETH 684,584,000 TRX 970,522 SOL 29,934 WBETH (ETH)
The good news is that these funds can't be converted to USDT or USDC because they would be automatically frozen.
🚨 ATTENTION: THE BINANCE HACKER IS STILL LIQUIDATING ALTCOINS.
The attacker is selling millions of dollars' worth of $PEPE , $UNI, $LINK, and other tokens directly on-chain, converting them into $ETH.
👀 BUT TAKE A LOOK AT WHAT THEY STILL HAVE:
🔴 $ENA: $39.51 MILLION 🔴 $PEPE : $34.41 MILLION 🔴 $LINK: $28.07 MILLION 🔴 $AAVE: $15.90 MILLION 🔴 $UNI: $12.62 MILLION 🔴 $ARB : $11.54 MILLION 🔴 $ONDO: $8.52 MILLION 🔴 $WLD: $6.73 MILLION 🔴 $FUN: $6.29 MILLION 🔴 $ZAMA: $6.02 MILLION 🔴 $ZRO: $5.69 MILLION 🔴 $RSR : $5.02 MILLION
⚠️ MORE THAN $180 MILLION IN ALTCOINS STILL IN THEIR HANDS.
If they continue selling these positions, it could create strong downward pressure on the affected tokens.
👀 KEEP AN EYE ON ON-CHAIN MOVEMENTS. THIS COULD STILL MAKE A LOT OF HEADLINES.
A potential security incident has been detected on the platform. In response, the Binance team and major industry issuers reacted quickly:
Immediate Action: Tether froze ~$971M USDT, Circle froze ~$823M USDC, and World Liberty Fi supported the effort by freezing additional funds.
User Funds Protected: Yi He and CZ have confirmed that users’ funds are safe and that Binance will cover all losses.
Preventive Measure: Deposits and withdrawals have been temporarily suspended while internal audits are conducted and authorities are consulted. A post-mortem report will be shared once the investigation is complete. Stay calm and get updates only through Binance’s official channels.
A potential security incident has been detected on the platform. In response, the Binance team and major industry issuers reacted quickly:
Immediate Action: Tether froze ~$971M USDT, Circle froze ~$823M USDC, and World Liberty Fi supported the effort by freezing additional funds.
User Funds Protected: Yi He and CZ have confirmed that users’ funds are safe and that Binance will cover all losses.
Preventive Measure: Deposits and withdrawals have been temporarily suspended while internal audits are conducted and authorities are consulted. A post-mortem report will be shared once the investigation is complete. Stay calm and get updates only through Binance’s official channels.
Binance is actively investigating a possible security incident following major losses of more than $2 billion from its hot wallets.
• Massive outflows: On October 29, 2026, on-chain data detected large amounts of Ethereum (ETH), Bitcoin (BTC), Tether (USDT), and other tokens leaving Binance wallets for newly created external addresses. Estimates of the total funds moved or potentially compromised range from approximately $2 billion to more than $2.7 billion.
• Tornado Cash link: The movement involved an address funded through the Tornado Cash mixing service, a pattern commonly associated with hackers attempting to cover their tracks.
Binance investigates a possible billion-dollar hack
Binance said it is investigating a possible security breach after suspicious transfers from a wallet, while co-founder CZ reported that nearly $1.8 billion in stablecoins had been frozen.
🔸🔸🔸🔸🏷️BINANCE HACK CONSIDERED THE LARGEST ROBBERY IN HUMAN HISTORY
🏷️BINANCE HACK
What we know so far:
- $1.45 billion in $BTC - $875 million in $ETH - $234 million in $TRX - $50 million in $XAUT - $1.57 billion in $USDT - $823 million in $USDC - $75 million in $wBETH - $88.5 million in $RLUSD - +$447.5 million in additional cryptocurrencies
Binance is actively investigating a possible security incident following major losses of more than $2 billion from its hot wallets.
• Massive outflows: On October 29, 2026, on-chain data detected large amounts of Ethereum (ETH), Bitcoin (BTC), Tether (USDT), and other tokens leaving Binance wallets for newly created external addresses. Estimates of the total funds moved or potentially compromised range from approximately $2 billion to more than $2.7 billion.
• Tornado Cash link: The movement involved an address funded through the Tornado Cash mixing service, a pattern commonly associated with hackers attempting to cover their tracks.
Binance investigates a possible billion-dollar hack
Binance said it is investigating a possible security breach after suspicious transfers from a wallet, while co-founder CZ reported that nearly $1.8 billion in stablecoins had been frozen.
🔸🔸🔸🔸🏷️BINANCE HACK CONSIDERED THE LARGEST ROBBERY IN HUMAN HISTORY
🏷️BINANCE HACK
What we know so far:
- $1.45 billion in $BTC - $875 million in $ETH - $234 million in $TRX - $50 million in $XAUT - $1.57 billion in $USDT - $823 million in $USDC - $75 million in $wBETH - $88.5 million in $RLUSD - +$447.5 million in additional cryptocurrencies
Our teams are aware of reports of a potential security incident and are actively investigating. Users’ funds are completely safe.
Our security teams are urgently reviewing all relevant information, and we’ll share updates through Binance’s official channels as soon as we have verified information.
We recommend that users stay alert to potential scams and not trust links, messages, or requests for account information that do not come from unofficial channels.
🛜🟢 #hype in 📈 one day. 10X leveraged profit 👉 61% 💫. 📈🐮📉🐻
🔓👉 💥Acting President Delcy Rodríguez orders security forces not to detain anyone without a court order, except in cases where they are caught in the act. It should always be this way...💯
💥Acting President Delcy Rodríguez instructed officials to assess nonessential state assets so they can be offered to the private sector or returned to their former owners. Privatization is coming—get your wallets ready...🫠
💥Acting President Delcy Rodríguez announces there will be four increases in wage income for Venezuelan workers in 2027. Bonuses forever...🙃 👈👀.
📢 Ledger: Singapore police warn about tampered wallets after S$3.5 million in losses
Singapore police issued a warning on October 28, 2026, about tampered Ledger wallets: they had received at least two reports since September 10, involving losses of around S$3.5 million, from devices bought at stores in the country that contained components designed to capture the recovery phrase. The warning comes almost three weeks after…
📢 Kalshi, Lagarde, bitcoin ETFs and Ledger: crypto roundup for October 29
Utah filed 14 criminal charges against Kalshi and its two co-founders, Christine Lagarde announced that she will step down as president of the European Central Bank (ECB) on February 7, 2027, and spot bitcoin ETFs in the United States recorded their third consecutive day of net inflows, totaling US$137.33 million on October 28, according to…
📢 Lagarde will leave the ECB on February 7, 2027: what changes for the digital euro and stablecoins
Lagarde will leave the European Central Bank on February 7, 2027, almost nine months before her term ends, which was due to expire at the end of October 2027. The European Central Bank announced this on Thursday, October 29, without giving a reason, hours before keeping interest rates unchanged. It matters because her…
📢 Kalshi and its co-founders face 14 criminal charges in Utah for promoting online betting
Utah Attorney General Derek Brown filed 14 criminal charges on Wednesday, October 28, against prediction market Kalshi, its CEO Tarek Mansour, and its COO, Brazilian national Luana Lopes Lara, for promoting online betting. The case, based on an undercover account, comes one day after the CFTC, the…
📢 Colombia Fintech calls for six measures to regulate crypto in a US$29.1 billion market
On October 28, 2026, Colombia Fintech presented its first report on crypto assets, stablecoins, and blockchain, with six measures to regulate a market that handled US$29.1 billion between July 2025 and June 2026, according to Chainalysis data. It matters because the proposals address two user problems: banks closing exchange accounts…
📢 US$13 million stolen by posing as Google support: 20-year-old Canadian sentenced in Miami
A federal judge in Miami sentenced Trenton Richard David Johnston on Monday, October 26. The 20-year-old Canadian, along with several accomplices, impersonated Google and crypto company support staff to drain wallets. The losses exceed US$13.04 million. Canadian media report that the sentence was handed down for…
📢 RootstockLabs: only 1.5% of bitcoins are in financial use, 18 years after the white paper
Around 1.5% of bitcoins are involved in lending and Bitcoin-native finance (BTCFi), according to a RootstockLabs report published this Thursday, October 29, two days before the Bitcoin white paper turns 18. The company, which develops infrastructure for these types of applications, argues that financial use will…
📢 Paraná Civil Police arrest six for laundering R$ 5 million through stolen cables, drugs, and cryptocurrencies
The Paraná Civil Police (PCPR) arrested six people in Curitiba and its metropolitan region this Wednesday, October 28, in an operation targeting a group that, according to the investigation, moved more than R$ 5 million through stolen cables, drug sales, and money laundering, and sent part of those funds to…
📢 Bitso launches the Plan Mexico category with the Economy Ministry: shares starting at 20 pesos
On October 28, Bitso launched the Plan Mexico category in its app, bringing together shares of companies linked to the federal government’s economic strategy. The launch was carried out with the Ministry of Economy (SE) and through Nvierto, Bitso’s investment advisory service registered with the National Commission…
📢 IMF: tokenized repos move US$303 billion a day, but the market remains fragmented
Tokenized repos move an average of US$303 billion a day, but tokenized markets remain small, fragmented, and more volatile than traditional markets, according to Chapter 3 of the International Monetary Fund’s (IMF) Global Financial Stability Report, published in October 2026. The organization calls for legal certainty and clear rules, a debate…
"I said that the Law Against Hatred had been applied abusively. I asked for it to be reformed. I ask the Assembly to carry out a broad consultation process."
🚨🇺🇸🇦🇷🇻🇪 | The United States decided to postpone Nicolás Maduro’s extradition to Argentina, where he is being investigated by the courts for crimes against humanity.
The request was submitted by federal judge Sebastián Ramos and is part of an investigation that also involves Diosdado Cabello.
Washington said it would prioritize the criminal case Maduro is facing in New York and would reconsider Argentina’s request once the U.S. judicial proceedings have concluded.
🚨🇻🇪 | Opposition leader María Corina Machado, the crazy woman, will address the country today, Thursday, October 29, in her first press conference since returning to Venezuela.
The appearance is scheduled for 12:00 noon (Caracas time) and will be broadcast live on Vente Venezuela’s official YouTube channel.
The meeting comes after her visit to La Guaira and meetings with relatives of political prisoners, amid the democratic transition process.
🇻🇪▶️ DELCY RODRÍGUEZ’S ADDRESS BEGINS.
🇻🇪 | Delcy Rodríguez says a major judicial transformation process is underway:
"I requested a profound transformation of the justice system, I announced the Amnesty Law... Today, a major consultation on reforming criminal justice is underway."
Binance and Pago Móvil: what to record when buying USDT with bolívares, according to an accountant
An accountant warns that depositing bolívares on Binance via Pago Móvil does not eliminate accounting or tax obligations. What to record when buying USDT. The essentials On October 15, 2026, Binance enabled deposits in bolívares via Pago Móvil and bank transfer in Venezuela. Bolívares are processed by Casa de Cambios Insular, which Binance identifies as regulated by Sudeban and the BCV. Accountant Jan Domínguez recommends reconciling every bolívar deposit with every USDT purchase from day one.
The first summit of ghost presidents is coming...😀😃😄😁😆😅🤣😂
💥Minister Diosdado Cabello labels opposition leaders as scoundrels and accuses them of lying to the country. Says the lost son of the goddess Aletheia...😅
⌛️Singapore police issued a warning about adulterated Ledger hardware wallets. The official alert comes weeks late in the face of an ecosystem that has already documented millions in damages.
🔹Argentine justice has a pending decision that could close the LIBRA case. The Court of Cassation delayed the ruling on the participation of the complainants in the case involving Milei.
🔹Google launches Gemini 4 Carbon amid a global cybersecurity crisis. The new AI model specializes in detecting and repairing computer vulnerabilities.
🔹Remittances with bitcoin and cryptocurrencies in El Salvador grew 28% in 2026. Even so, they represent only 0.68% of the money entering the country in remittances.